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"Chinese investment in agriculture has to a large extent sustained Zimbabwe's tobacco industry through the outgrower scheme operated by Chinese firms. In addition to providing capital for farmers, the outgrower scheme has guaranteed a ready market for Zim

Revenue for the quarter increased 6.1% to $277.0 million versus last year mainly due to increased lamina sales and improved average selling price per kilo. Selling, general and administrative expense ("SG&A") decreased 12.8% to $33.8 million driven by r

reported net income of $3.6 million, or $0.14 per diluted share, for the first quarter of fiscal year 2018, which ended on June 30, 2017. Those results were up $9.1 million compared with a net loss of $5.5 million, or $0.40 per diluted share, for the firs

In the past, Nandan county was encumbered with backward production methods and facilities, resulting in relatively low yields and poor quality tobacco leaves. This year has witnessed the city step up its efforts to develop modern tobacco agriculture thr

This Notice is to advise Class Members of a class action case filed against the Flue-Cured Tobacco Cooperative Stabilization Corp. based on allegations that Stabilization accumulated hundreds of millions of dollars from a few specific sources over the cou

Tobacco farmers in the province of Ilocos Norte were to persist in tobacco farming no matter the challenges of higher excise tax and the graphic health warning on cigarette packs, as demand continues to rise, according to Batac City Mayor Albert D. Chua

The West Nusa Tenggara (NTB) administration, along with local tobacco farmers, has expressed hope that a controversial draft bill on the tobacco industry currently under deliberation at the House of Representatives will protect farmers’ welfare. The adm

Government has commended one of the country’s tobacco buying companies Alliance One Tobacco Malawi for engaging into various crop diversification programs at its farms in Kasungu where it is has planted some 25 hectares of sugar-beans and 8 hectares of p